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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (86853)12/14/2000 1:25:32 PM
From: Knighty Tin  Read Replies (4) | Respond to of 132070
 
ild, I see all kinds of Xmas lies, from Greenspan to Abby Jo. But the Plunge Protection Posse doesn't seem able to head them off at the pass this time. I suspect Greenspan can do it if he gets serious.

Medium term, next year or so, I expect a rally followed by Nasdaq 1700. Longer term, I think the Nasdaq breaks 1000 again. The Dow should test 5000 over the next 3 years.

I would like Dell at 8 times eps, which would put it in single digits. I think Intel may be yesterday's news, but they do still have a lot of cash. I am not sure what Cisco looks like as I am simply not as good as their accountants. I can't get to a bottom line on their fake numbers.